$1,300,000
For Sale

963 Saint Charles Avenue NE

Atlanta, GA 30306
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

This prime investment property in Virginia Highland offers a fantastic opportunity to generate income in one of Atlanta's most desirable neighborhoods. The main house features three rental units: a 1/1 with a long-term tenant, a 2/1 furnished unit currently listed on Airbnb as a short-term rental, and another 2/1 with a long-term tenant. In the backyard, you'll find a beautiful, fully furnished two-story carriage house (1/1) also rented out on Airbnb. The property has been well-maintained, with a new roof installed in February 2021 and all appliances in Units 1 and 3 replaced in 2021. Units 2 and 4 come fully furnished, making them turnkey for short-term rental use. Additionally, the property offers shared laundry facilities, two parking spaces behind the house with alley access, and additional parking in the front driveway. The location is unbeatable, with easy access to the Beltline, Virginia Highland Village, and key grocery stores like Publix, Whole Foods, and Trader Joe's. With a combination of long-term and short-term rentals, this property is a great opportunity for steady cash flow and long-term investment in a highly sought-after area.

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
      • Parking FeaturesDriveway, Varies by Unit
      • SubdivisionVirginia Highland
      • Fence DescriptionBack Yard, Fenced
      • Elementary SchoolSpringdale Park
      • Lot DescriptionLevel, Private
      • Middle SchoolDavid T Howard
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • CountyFulton - GA
      • Original List Price$1,400,000
      • Property SubtypeQuadruplex
      • Parking TypeDriveway
      • High SchoolMidtown
      • Taxes Annual$11,348
      • MLS #7481853
      • Cost1300000
      • MLS #7481853
      • Acres0.2066
      • Utility SourcePublic
      • Property ConditionResale
      • ViewCity
      • Year Built1920
      • Fence1

Location

Nils Ericson, Realtor | Ericson & AssociatesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00